Hongkong Land (LON:HKLD) Stock Price Down 3.9% – Here’s What Happened

Hongkong Land Holdings Limited (LON:HKLDGet Free Report)’s stock price dropped 3.9% on Thursday . The company traded as low as GBX 7.12 and last traded at GBX 7.12. 21,400 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 16,685 shares. The stock had previously closed at GBX 7.41.

Hongkong Land Price Performance

The stock has a fifty day moving average of GBX 7.64 and a 200-day moving average of GBX 7.84. The firm has a market capitalization of £152.83 million, a P/E ratio of 0.12, a PEG ratio of 2.50 and a beta of 0.52. The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 20.55.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta. The company also develops and sells residential properties.

Featured Articles

Receive News & Ratings for Hongkong Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hongkong Land and related companies with MarketBeat.com's FREE daily email newsletter.